The number of companies offering health insurance to their employees has risen for the first time in a decade, according to new research from the Employee Benefit Research Institute. In 2017, almost 47% of private-sector employers offered health insurance, up from 45.3% in 2016. The percentage had previously been dropping steadily since 2008, when more […]
Number of Employers Offering Coverage Grows Read More »
While many health benefits advisers have been recommending that employees with health savings accounts use them as savings vehicles that can be tapped for future medical care, a new study finds that most people are spending the bulk of the funds. The study by Willis Towers Watson found that 65% of workers were using their
Few Employees Get the Most out of Their Health Savings Accounts Read More »
As group health insurance costs continue rising every year, more employers are embracing a new plan model that aims to both cut costs and improve outcomes for patients. This trend, known as value-based primary care, is a bit of an umbrella term for various models that involve direct financial relationships between individuals, employers, their insurers
A New Health Care Model Tackles Costs, Quality Care Read More »
In the final rules that the Centers for Medicare and Medicaid Services released for 2019, it also covered annual cost-sharing limits for group plans, rules on SHOP exchanges, and grandfathered plans, among other items we’ve covered earlier. Here we break down some of the focuses of the 2019 rules: Annual cost-sharing limits for group plans
New Rules Lay Down Law for Group Plans in 2019 Read More »
In recent years, many companies have been dealing with rising health care costs largely by transferring more of the expense and risk on to their employees. But some employers have found smarter, more creative ways to limit health costs without further burdening valued employees. Here are some of the best solutions: Pharmacy benefit managers. Pharmacy
Five Ways Employers Can Save on Health Care Costs Read More »
Under the Affordable Care Act, group health insurance costs have been rising at a much slower rate than they had during the decade preceding its passage. In fact, the rate of annual premium growth in the group market has hovered around 5% – more than half of what it was between 2001 and 2010. Also,
Drug Costs Starting to Drive Group Plan Inflation Read More »
The Trump administration has taken another step in its effort to roll out short-term health insurance plans by extending the amount of time such plans can be in effect. Under the new rule, which was issued August 1, short-term plans can be purchased for up to 12 months and policyholders can renew coverage for a
New Rules Allow Short-term Plans to Last up to Three Years Read More »
An investigative report by the Washington Post has uncovered an alleged cartel among generic drug manufacturers to fix the price of some 300 medications, adding new fuel to the debate about raging price increases in the pharmaceutical industry. While a number of name-brand drug makers have been named and shamed for their massive price increases
Huge Investigation Uncovers Possible Generic Drug Pricing Cartel Read More »
The US is experiencing a prescription drug pricing epidemic, and some drug companies are driving a wedge into the health insurance model by severely jacking up pharmaceutical prices to astronomical levels. Unfortunately, the cost of some drugs has become so extreme that by paying for one prescription it could take decades to recoup the cost
Skyrocketing Drug Prices Threaten Health Insurance Model Read More »
As the number of employers offering high-deductible health plans continues growing, the spotlight recently has highlighted an inconvenient truth: some employees are going broke and filing bankruptcy because they cannot afford all of the out-of-pocket expenses and deductibles they must pay in these plans – just like the bad old days in the 1990s and
Employers Rethink HDHPs as More People Struggle with Medical Bills Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
